the purpose of this research is to analyze the impact of implementation of IFRS 15 "Revenue from Contract with Customer" on the Financial Statement of Telecommunication Company in Indonesia. The paper presents a qualitative analysis in the form of literature and case study in cellular business process in PT XYZ. This research tries to analyze the magnitude of the impact of implementation on revenue measurement, recognition, presentation, and disclosure processes in the telecommunication company and to identify changes required to anticipate the enactment of this standard. The results demonstrate that the implementation of IFRS 15 in PT XYZ will affect not only the revenue recognition and financial reporting preparation processes but will also impact and require changes to the internal control environment, information and technology system, key performance indicators and employee benefit calculation processes, and also investor relations. The implementation of IFRS 15 is not only the responsibility of the Accounting Group, but also requires good coordination and teamwork among related units in PT XYZ in carrying out the necessary changes.
The main obstacle faced by SME's is capital problem. To overcome this problem, in 2007 the President launched the Kredit Usaha Rakyat (KUR) program whose guarantee was facilitated by the government. In practice, the realization of KUR is still far from the target, the reason is the bank did not get enough information related to the condition of SME's, so the bank became very careful in distributing credit. One of the information required by the banks is the financial statements, but many SME's perpetrators have not prepared financial statements in accordance with the standards. In addition to the lack of accounting knowledge, existing standards are also considered quite complex. At the end of 2016 the Indonesian Institute of Accountants issued Financial Accounting Standards of Micro, Small and Medium Entities. This standard is very simple and easy to implement so it is expected to help the SME's perpetrators in preparing financial statements.
Failure of the internal auditors (IAs) to appropriately apply fraud risk judgment could result in audit failure in revealing fraud and scandals. It leads to significant harmful consequences to the IAs’ profession. In carrying out their duties, IAs sometimes have to face top management pressure. Tone at the top becomes essential in creating an ideal working environment for the IAs. Moreover, the lack of professional skepticism has been one factor causing an auditor’s failure to achieve the optimal result in detecting fraud. The findings from 202 respondents revealed that the IAs who have high professional skepticism are more effective in making fraud risk judgments. However, the direct influence of the tone at the top on fraud risk judgment is not statistically supported. This new finding may help professional regulatory bodies and the internal auditing function consider the profile and its necessary environment to elevate fraud risk judgment to regain public trust in the profession.
Penelitian ini bertujuan untuk mengidentifikasi faktor inkonsistensi antara capaian kinerja dengan kepercayaan publik atas KPK dan menyusun langkah strategis berdasarkan teori pengukuran kinerja, keagenan, kepercayaan publik dan new public management menggunakan pendekatan kualitatif dengan strategi studi kasus. Capaian kinerja KPK secara keseluruhan sebesar 100,64%. Namun, berdasarkan analisis kualitatif, dari Sasaran Strategis (SS) yang diturunkan ke dalam beberapa Indikator Kinerja Utama (IKU), terdapat beberapa indikator yang tidak tercapai dan didominasi dari perspektif Proses Internal. Selain itu strategi yang ditetapkan oleh KPK tidak memiliki fokus yang jelas, terjadi penggemukan struktur organisasi yang pada akhirnya terlihat tumpang tindih tugas antara Dewan Pengawas dan Inspektorat, independensi KPK yang dipertanyakan, penyampaian informasi internal yang tidak sistematis, lunturnya asas keterbukaan seperti tertutupnya hasil kajian terkait korupsi dan tertutupnya peradilan etik yang dilakukan oleh Dewan Pengawas.
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